Which characteristic identifies a limited liability company? a. Members have limited personal liability. b. Members can actively

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Which characteristic identifies a limited liability company?

a. Members have limited personal liability.

b. Members can actively participate in the management of the business.

c. The LLC can elect not to pay business income tax.

d. All of the above

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Horngrens Accounting The Financial Chapters

ISBN: 9780137884858

14th Edition

Authors: Brenda Mattison, Tracie Miller-Nobles

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Question Posted: Apr 07, 2024 12:02 AM

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Which characteristic identifies a limited liability company? a. Members have limited personal liability. b. Members can actively

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Horngrens Accounting The Financial Chapters

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